December 2017

GLOBAL ALUMINIUM WRAP: South Korea, Taiwan, US premiums inch higher; other regions firm with outlook positive heading into 2018

Premiums in South Korea, Taiwan and the United States inched higher this week, while premiums in other regions were firm with outlooks mostly positive heading into 2018.

LIVE FUTURES REPORT 20/12: SHFE base metals complex higher; copper gains amid positive sentiment

Base metal prices on the Shanghai Futures Exchange were higher across the board during Asian morning trading on Wednesday December 20, with copper rising amid positive market sentiment.

Alumina prices slide below $400/t as spot tonnes materialize

Alumina prices fell over the past week on improved availability of spot cargoes ahead of the year-end, reluctance to buy at high percentages of the aluminium price, and weak demand from China.

LIVE FUTURES REPORT 19/12: LME copper prices continue rally; nickel finds resistance

The three-month copper price continued its rally on the London Metal Exchange in afternoon trading on Tuesday December 19, edging closer to the $7,000 per tonne level.

EGA secures caustic soda feed with Shaheen supply deal

Emirates Global Aluminium (EGA) has signed a 15-year supply deal for caustic soda with Shaheen Chem Investments, which is building a new plant for the manufacture of caustic soda and ethylene dichloride in Abu Dhabi.

Arconic appoints Dave Miller to board of directors

Dave Miller, a senior portfolio manager at Elliott Management, has joined Arconic’s board as a director.

PEOPLE MOVES: LME head of sales Paul MacGregor leaves position

Paul MacGregor has left his role as head of sales at the London Metal Exchange, Metal Bulletin understands.

LIVE FUTURES REPORT 19/12: LME base metals dip on profit taking; ali bucks the trend

Base metals prices on the London Metal Exchange were mostly lower during morning trading on Tuesday December 19, running into profit taking after closing positively on Monday.

SHFE vs LME physical arbitrage 19/12: Copper, aluminum, zinc, nickel

Arbitrage for copper, aluminum, zinc and nickel imported into China on Tuesday December 19*

METALS MORNING VIEW 19/12: Base metals witness some profit-taking in spite of 'Goldilocks' conditions

Base metals traded on the London Metal Exchange are edging lower this morning, Tuesday December 19, posting a small drop of 0.5%, with nickel (-1.1%) the weakest and tin (-0.1%) the most resilient.